Lime unveils slick new automatic transmission electric bike, will drop $50 million into them

Lime, a major leader in the worldwide shared electric mobility industry, has just unveiled its latest electric bicycle model. Now the company plans to buy $50 million worth of them.
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Rivian shares details on the R1T pickup’s clever battery heating strategies

Rivian engineers visited one of North America’s largest cold-weather testing facilities in Minnesota to refine the R1T and R1S vehicles’ dynamics and battery performance. While there, Rivian engineers tested self-heating strategies for its battery pack. “In extremely cold conditions we use some battery energy to keep the cells in our battery above 14°F to provide […]

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SpaceX Starlink launch suffers last-minute abort after weeks of delays

A SpaceX rocket originally scheduled to launch a batch of Starlink satellites more than five weeks ago has suffered the latest of a long line of technical delays, aborting its Sunday launch attempt less than 90 seconds before liftoff. Know as Starlink V1 L17 or Starlink-17, the mission is now – by far – SpaceX’s […]

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Fastned successfully raises €150 million to accelerate the growth of its network

Fastned, the Dutch operator of EV charging stations, has successfully raised €150m to finance an expansion of its network across Europe. The Amsterdam-based company sold 1,875,000 new shares, a 12.5% capital increase, via an accelerated bookbuild last …